Early on in a loan transaction, the parties should discuss and agree on the expected content of the schedules to the credit agreement. This practice note describes how to prepare, review, and update the schedules appended to a credit agreement, focusing...

For plan years beginning in 2026, higher-compensated participants (not highly compensated employees under Section 414(q)) in 401(k) plans and salary reduction 403(b) plans will not be allowed to make catch-up contributions on a pre-tax basis. But they...

One of the most frequent questions, “What is agentic AI,” provides an opportunity to explore advancement in artificial intelligence. How better to do that than with the assistance of a generative AI Large Language Model (LLM) that did a fantastic...

Discover the power of extractive AI with Lexis+ Answers, a tool designed to provide direct answers to your legal research questions. Instead of merely highlighting potentially relevant sections in documents, Lexis+ Answers extracts and delivers precise...

When engaging in M&A discussions, parties should prioritize rigorous confidentiality measures to protect sensitive business information. Our new confidentiality agreement playbook offers valuable insights into managing proprietary information risks...

On April 21 Arkansas Gov. Sarah Huckabee Sanders (R) signed into law a bill giving parents the right to sue social media companies for harms caused by their content. The measure, SB 612 , establishes a private right of action for parents to sue social...

Many states are implementing energy benchmarking programs to track and identify energy use in buildings. These programs aim to encourage energy efficiency and reduce greenhouse gas emissions. Check out this energy use reporting and disclosure clause for...

The oil and gas leasing and exploration and production landscape has become more competitive now that prices are stabilizing, demand is up, and energy needs are increasing significantly year-over-year. With new fields in Pennsylvania, Ohio, and elsewhere...

Check out this practice note from Practical Guidance – Healthcare for an overview of Accountable Care Organizations (ACOs), including a discussion of the basic eligibility requirements for ACOs seeking to participate in the Medicare Shared Savings...

The Corporate Transparency Act (CTA) was enacted as part of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021. It requires certain entities to report beneficial ownership information to the Financial Crimes Enforcement...